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Archive for October, 2010

Ridgewood NJ Neighborhoods – Colonial Square

October 10th, 2010 categories:Real Estate News and Advice, Ridgewood Real Estate

My Favorite Ridgewood Neighborhood

Great for Ridgewood Families

This is my favorite Ridgewood Neighborhood and not just because I live here.  The Colonial Square section of Ridgewood is a throwback to simpler times.  Neighbors greet each other by name, folks stop by for leisurely chats while walking their dogs and children don’t need play-dates but rather walk from backyard to backyard to play with other neighborhood children.

Convenient to Everything That Makes Ridgewood Great

Colonial Square is within easy walking distance of Ridgewood’s Downtown, Ridgewood Train Station, Elementary, Middle and High Schools, Graydon Pool, Veterans Field, Ridgewood Public Library, Ridgewood Duck Pond and more.

Solid Real Estate Investment

Despite what you hear about home values on the national front, Ridgewood Real Estate remains strong and Colonial Square in particular is very strong.  Consider that 3 Colonial Square homes were listed for sale in the past month and all three were “under contract” in less than two weeks.  See links below.

465 Fairway Road – Ridgewood NJ

480 Overbrook Road – Ridgewood NJ

453 Colonial Road – Ridgewood NJ

By the way, I created the name Colonial Square for the purposes of this article.   Colonial Road is squarely in the middle of this neighborhood, and it is filled with beautiful Colonial Homes,  so I thought it made sense.  Besides, this great Ridgewood Neighborhood deserves a name.

Other Ridgewood Articles

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Posted by Al Donohue | Discussion:4 Comments »

Ridgewood Real Estate Market Report – October 6th, 2010

October 7th, 2010 categories:Ridgewood Real Estate

Ridgewood Home Sales Have Been Exceeding New Inventory for the Past Several Weeks.

The median list price in Ridgewood, NJ 07450 this week (October 6th) is $650,000. The 204 Ridgewood Properties currently on the market have been on the market for an average of 99 days.

October 6 Ridgewood Market Report 

Positive Outlook

The Ridgewood Market Action Index below has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the the Ridgewood Housing Market.

 Market Action Index October 6

Posted by Al Donohue | Discussion:2 Comments »